Quarterly Data publication on the European Business Aviation market

1. www.wingx-advance.com
Hamburg, October 30th,2017
www.wingx-advance.com
Hamburg, February 22nd, 2018

2. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
TABLE OF CONTENTS
2February 23, 2018
1. Overall trends in European business aviation activity
2. Geographical distribution of flight activity
3. Trends in fleet size and activity, by aircraft type
4. Mission split, AOC flight hours, Charter pricing trends
5. Estimated Empty Leg activity and trends
6. Distribution of flight activity by sector length
7. Activity trends at busiest European airports
8. Activity by domestic/international and arrivals/departures
9. Activity trends on top European city pairs
10. Trends in utilisation per aircraft unit/type
11. Trends in aircraft activity by aircraft register
12. Flight activity by operator fleet size
13. Operational costs: handling, fuel, passenger fees
14. Estimated total revenues generated, passengers transported

3. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
1. OVERALL TRENDS IN BUSINESS AVIATION ACTIVITY
169,474 business aviation flight departures from Europe in Q4 2017, marking a 6.2% YOY growth in activity. YOY growth
has accelerated in each of the last 3 Quarters. The full year activity was 573K flights, +4.5% compared to 2016.
450.000
500.000
350.000
600.000
250.000
550.000
200.000
150.000
100.000
300.000
0
50.000
400.000
Q1
190.586
146.288
191.243
Q2 Total
147.598
Q3
Departures
Q4
153.920
197.705
207.290 210.795
221.350
157.990 159.573
169.474
545.474 548.326
572.975
-0,9%
+5,2%
+0,3% +3,4%
+1,7%
+5,0%
+1,0%
+6,2%
+0,5%
+4,5%
20162015 2017
3February 23, 2018

4. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
2. GEOGRAPHICAL DISTRIBUTION OF FLIGHT ACTIVITY (a)
Widespread growth in YOY flight activity in Q4-17, notably in leading market France, 28K flights, up 7% YOY, Spain, +8%,
and Russia, flights +10%. Flight activity in Poland was up 28% YOY. Ukraine was one of the only declining markets.
984
940
811
706
593
559
545
421
381
378
374
360
356
328
322
183
172
107
98
94
84
69
Slovenia
Lithuania
Kazakhstan,Kyrgyzstan
France
Germany
1.080
Portugal
UK
10.473
Croatia
Italy
9.555
Switzerland
Finland
Poland
Spain
Norway
Total
Sweden
Austria
Moldova
Turkey
Russia
Belgium
Armenia
Netherlands
Bulgaria
Czech Republic
Greece
Denmark
Ireland
Ukraine
Iceland
Luxembourg
27.788
Slovakia
Georgia
Cyprus
Belarus
Romania
Serbia and Montenegro
Hungary
Canary Island
2.384
Malta
Estonia
Bosnia and Herzegovina
Macedonia
Albania
Tajikistan,Turkmenistan,Uzbekistan
Gibraltar
169.474
Latvia
24.135
24.227
Azerbaijan
4.967
5.076
4.849
4.828
4.730
3.237
3.220
3.184
12.356
2.044
1.989
1.824
1.820
1.334
1.052
1.038
1.010
2.318
DEPARTURES Q4-2017
QUARTERLY COUNTRY TRENDS
TOTAL EUROPE
+6,2%
4February 23, 2018

5. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
QUARTERLY TRENDS
13,3%
7,5%
20,2%
8,8%
11,8%
6,6%
6,6%
12,9%
11,9%
22,5%
0,2%
16,6%
4,1%
24,5%
14,1%
8,7%
13,1%
12,7%
20,2%
28,6%
29,2%
-5,7%
26,0%
-0,7%
65,2%
34,6%
27,7%
14,0%
6,6%
20,7%
AOC
DEPARTURES / DISTRIBUTION: Q4 / 2017
24%
France
12.356
50% 4%
37%
45%
Switzerland 5%
46%
38%
5%52%
Belgium
43%Germany
Turkey
4%58%
44%
UK
32%
25%
12%
9%
1%
33%
27.788
41%50%
9%
Italy
45%
47%
50%
42%
6%
52%
61%Spain
11%
4%
6%
5%90%
64%
Norway
26%18%56%Sweden
4%Austria
66%
Netherlands
36%
49%
Russia
17%52%
5%
9%
Poland
31%
10%
38%
48%
Czech Republic 56%
40%
Canary Island
23%Finland
17%32%50%Greece
24%26%49%Denmark
38%51%Ireland
8%32%60%
1.824
2%
Portugal
7%46%47%Ukraine
10%45%46%Luxembourg
67%Slovakia
34%42%Cyprus
60%
4.849
29%Serbia and Montenegro
11%42%47%Romania
6%50%
1.080
Croatia
4%48%Hungary
8%22%71%
1.010
50%41%Malta
24.227
24.135
10.473
9.555
5.076
4.967
45%
4.730
3.237
3.220
3.184
2.384
2.318
2.044
1.989
1.052
1.820
1.334
1.038
984
940
811
706
593
4.828
AOC
Private
Other
25,7%
-2,6%
4,4%
7,8%
-22,6%
0,1%
2,7%
-3,0%
8,8%
7,7%
-4,9%
0,6%
-5,2%
-2,7%
-0,9%
28,9%
10,1%
9,0%
12,0%
-20,5%
-14,4%
4,3%
-7,6%
1,5%
24,6%
8,3%
-6,8%
5,4%
14,2%
4,3%
Private
5,4%
-8,1%
-8,8%
1,2%
3,8%
-8,2%
20,3%
-5,8%
-5,9%
18,8%
9,8%
-25,0%
55,2%
-16,1%
37,6%
-28,5%
-0,9%
-21,3%
-4,8%
12,9%
-13,4%
44,9%
20,9%
25,2%
-35,8%
9,1%
7,7%
-3,7%
-5,3%
-1,8%
Other
2. GEOGRAPHICAL DISTRIBUTION OF FLIGHT ACTIVITY (b)
The UK had the highest number of AOC flights in Q4-17, >14,000, growing 13% YOY. Private flights grew by most from
Spain. Other mission flights were up 19% in Switzerland, mainly Ambulance and Government flight activity.
5February 23, 2018
2,9%97,1%
Other
Top 30
217
1.271
505
1.018
36
926
1.223
355
1.001
1.091
557
104
196
448
54
45
187
542
327
129
24
485
213
139
96
253
113
112
52
56
Ambulance
Origin=Destination Flights
Government/Military

6. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
QUARTERLY TRENDS
13,2%
14,9%
10,3%
6,0%
2,9%
19,8%
4,9%
6,1%
12,6%
17,8%
-6,3%
16,8%
11,9%
19,9%
77,3%
16,0%
-2,3%
9,9%
12,4%
6,0%
17,1%
11,3%
5,4%
7,5%
5,6%
42,4%
-5,4%
19,3%
-9,6%
5,7%
Large Jets
DEPARTURES / DISTRIBUTION: Q4 / 2017
3,5%
32,8%
12,9%
23,2% 35,2%8,8%
11,5%
24.135
Belgium
30,1%
France
23,7%
44,5%
6,9%
29,7%
41,0%
6,7%
706
8,8%16,6%Germany
28,3%
13,3%
5,6%
24,3%
41,6%
28,8%
33,7%
8,6%
5.076
11,6%30,4%UK
21,6%
5,1%
24,3%
Luxembourg
36,3%
9,5%
29,2%Italy
12,7%
20,3%37,8%12,1%
Austria
Switzerland
15,9%
18,0%
14,8%
Turkey
1.989
27,1%
84,1%
53,2% 18,0%
Norway
52,3%Sweden
17,6%
13,5%
47,0%16,0%
23,0%
19,4%
0,8%
10.473
15,8%73,9%Russia
42,9%24,2%
50,7%
22,0%
Poland
28,0%35,8%12,2%24,0%Netherlands
31,2%
4.730
37,6%10,9%20,3%Czech Republic
29,5%
56,1%25,3%3,5%15,0%Finland
26,1%
27.788
44,6%Greece
36,2%12,3%Denmark
18,5%
12.356
33,7%
29,4%12,4%39,6%Ireland
6,9%18,4%Portugal
9,1%28,7%29,8%32,4%Ukraine
25,6%50,1%9,7%14,6%
25,8%41,5%8,5%24,2%Slovakia
5,0%13,7%22,8%58,5%Cyprus
11,3%69,7%7,0%12,0%Serbia and Montenegro
32,6%22,1%
Spain
16,6%Romania
24,4%55,0%9,4%11,3%Croatia
27,1%38,1%13,6%21,2%
13,9%
24.227
37,0%17,6%31,6%Canary Island
35,9%23,3%13,8%27,0%
Hungary
9.555
4.967
4.849
1.334
4.828
3.237
3.220
3.184
2.384
2.318
2.044
1.824
1.820
1.080
1.052
1.038
1.010
984
940
811
593Malta
Large Jets
Medium Jets
Small Jets
Propeller Aircraft
11,9%
6,6%
8,9%
5,0%
0,4%
5,7%
5,7%
3,0%
1,6%
-0,2%
2,1%
8,2%
-34,9%
-18,6%
5,7%
3,5%
10,1%
16,5%
7,0%
97,3%
-16,3%
33,3%
-3,3%
14,0%
-9,5%
-7,7%
1,2%
14,3%
-10,4%
18,3%
Medium Jets
9,3%
2,7%
5,6%
23,2%
13,3%
7,0%
7,6%
11,9%
-2,9%
17,9%
0,7%
-11,3%
15,4%
4,8%
10,3%
8,5%
24,2%
9,0%
0,0%
22,0%
10,4%
27,7%
8,0%
8,2%
-4,7%
27,7%
9,8%
11,8%
85,1%
-8,6%
Small Jets
-1,6%
5,3%
5,8%
15,6%
-2,1%
1,0%
4,8%
-18,2%
-3,7%
5,3%
11,1%
-5,0%
24,4%
9,3%
79,3%
35,7%
12,4%
5,7%
9,3%
2,8%
-3,2%
66,5%
10,6%
-17,6%
4,2%
3,6%
-2,1%
8,9%
-48,4%
62,6%
Propeller Aircraft
2. GEOGRAPHICAL DISTRIBUTION OF FLIGHT ACTIVITY (c)
The UK also had the largest number of Large Jet flights, 7,400, up 3% YOY. France had most growth in Large & Medium
Jet activity. Small jet activity in Spain, up 13% YOY, was 42% of all flights. 21% of activity in Italy was Prop, -4% YOY.
6February 23, 2018
2,9%97,1%
Top 30
Other

7. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
3. TRENDS IN FLEET SIZE AND ACTIVITY, BY AIRCRAFT TYPE (a)
Conspicuous growth in Large Jet activity, 46K departures, up 10% YOY. The active fleet of Large Jets increased 4%. Medium
Jet activity was stable, despite a 6% smaller active fleet. 1% growth in Small Jet tail signs, 7% pick-up in activity.
Small Jets
Medium Jets
Large Jets
Propeller Aircraft
Total Departures Europe 169.474
45.772
19.125
58.533
46.044
Departures Q4-2017
100,0%
11,3%
27,0%
34,5%
27,2%
% of total
Jets Props72,8% 27,2%
DEPARTURES / DISTRIBUTION / TRENDS
6,2%
10,1%
7,4%
0,3%
3,6%
Quarterly Trend
6,2%
Business Jet
Total
Propeller Aircraft
7,2%
3,6%
723
7.690
1.295
2.068
3.604
Active Aircraft Tailsigns Q4-2017
Jets
Props
73,1% 26,9%
3,9%
-6,1%
0,8%
2,5%
2,0%
Quarterly Trend [based on active aircraft]
Business Jet
Total
Propeller Aircraft 2,5%
1,8%
2,0%
ACTIVE AIRCRAFT TAILSIGNS / TRENDS
136
-47
10
50
149
Additions [+/-]
99
50
149
7February 23, 2018
Note: *an aircraft is ´active´ if it operates a flight during the Quarter

8. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
3. TRENDS IN FLEET SIZE AND ACTIVITY, BY AIRCRAFT TYPE (b)
The number of active ULR tail signs in Europe in Q4-17 increased by 7%, generating 6% increase in activity. Heavy Jet
flights were up 9%, despite the fleet being no larger YOY. An additional 10 VLJ tails, with the VLJ fleet 9% busier YOY.
Super midsize jet
Total Departures Europe
9.711
Midsize jet
Bizliner
10.209
Very Light jet
8.916
Ultra Long Range
Heavy jet
Super Light jet
Light Jet
Entry Level jet
Turboprop
Piston
169.474
5.876
6.705
15.652
23.415
15.542
27.404
39.265
6.779
Departures Q4-2017
4,0%
9,2%
5,3%
6,0%
13,8%
9,2%
16,2%
3,5%
5,7%
100,0%
23,2%
4,0%
% of total
72,8% 27,2%
Business Jet Propeller Aircraft
DEPARTURES / DISTRIBUTION / TRENDS
-1,4%
1,9%
12,0%
6,3%
-1,0%
10,1%
9,3%
4,9%
9,4%
6,1%
-8,6%
6,2%
Quarterly Trend
Business Jet
Propeller Aircraft 3,6%
7,2%
Total 6,2%
555
441
282
244
677
170
204
685
1.545
1.504
7.690
1.383
Active Aircraft Tailsigns Q4-2017
73,1% 26,9%
Business Jet Propeller Aircraft
2,0%
0,6%
0,6%
7,2%
6,3%
0,1%
-3,7%
-9,6%
-2,0%
5,2%
4,1%
-0,7%
Quarterly Trend [based on active aircraft]
Propeller Aircraft
Business Jet
2,5%
Total 2,0%
1,8%
ACTIVE AIRCRAFT TAILSIGNS / TRENDS
33
101
2
-17
-30
-5
4
1
10
55
-5
149
Additions [+/-]
99
50
149
8February 23, 2018

9. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
4. MISSION SPLIT, AOC FLIGHT HOURS, INDICATIVE CHARTER PRICING TRENDS
48% of activity this Quarter was operated as AOC flights. Almost 35% of AOC flight hours operated in Q4-17 were flown
by ULR and HJ aircraft, this activity up by at least 20% YOY. Average MSJ pricing was up 2%, SMJ down by 1%.
Midsize jet
Ultra Long Range
Super Light jet
Heavy jet
Total Flight Hours Europe
Super midsize jet
Light Jet 22.173
Entry Level jet
Very Light jet
Turboprop
Piston
13.907
122.560
18.775
23.276
9.256
9.932
13.871
2.851
6.953
1.567
Commercial AOC Flight Hours Q4-2017
12,6%87,4%
Business Jet Propeller Aircraft
FLIGHT HOURS / DISTRIBUTION/ TRENDS
18,2%
-2,4%
21,8%
6,2%
6,0%
12,1%
20,7%
10,1%
13,7%
8,1%
-16,3%
Quarterly Trend
15,1%Business Jet
13,7%
Propeller Aircraft 5,0%
Total
1,6%
2,1%
Total Flight Hours Q4-2017
2,7%
100%
253.825
45,4%
48,3%
AOC
"Origin = Destination Flights" [e.g Training]
Government/Military
Private
Ambulance
7,6%
19,0%
15,3%
8,1%
11,3%
18,1%
2,3%
5,7%
11,3%
1,3%
100,0%
% of total
AVG. PRICING / TRENDS
€ 5.974
€ 5.324
€ 7.254
€ 14.278
€ 11.247
€ 10.342
€ 6.758
€ 4.897
€ 4.124
€ 2.987
Avg. Price / Hr
0,2%
1,7%
1,1%
-1,3%
-0,7%
2,3%
0,2%
1,6%
0,2%
-1,7%
Quarterly Trend
€
9February 23, 2018
Note:
Bizliners excluded
AOC: Aircraft Operating Certificate; certified to provide Charter

10. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
5a. ESTIMATED EMPTY LEG [EL] ACTIVITY - DEPARTURES [BUSINESS JETS AOC ONLY]
Of the 60% of sectors which were flown AOC in Q4-17, an estimated 36% were empty legs. Light Jets operated most EL,
these increasing 11% YOY. SLJ ELs declined by 75 this Quarter. Overall, EL sectors were up by an estimated 7.5% YOY.
944
Midsize jet
Super midsize jet
Heavy jet
24.019
Ultra Long Range
Super Light jet
Very Light jet
Light Jet
Entry Level jet
4.115
Total Empty Legs Europe
2.226
2.028
3.844
1.999
6.559
2.304
Empty Legs: Departures Q4-2017
EMPTY LEGS / DISTRIBUTION/ TRENDS
-3,6%
-1,5%
15,1%
22,6%
6,5%
6,9%
-1,8%
10,7%
7,5%
Quarterly Trend
1,6%
0,9%
116.725
37,4%
2,1%
Total Departures Q4-2017
100%
58,0%
AOC
"Origin = Destination Flights" [e.g Training]
Private
Ambulance
Government/Military
31,4%
38,9%
30,4%
33,7%
32,1%
37,8%
39,0%
41,7%
35,5%
% of total empty legs within segment
67.727
AOC activity
100%
35,5%
64,5%
Empty
Pax occupied
BUSINESS JET DEPARTURES Q4 / 2017
410
504
122
-31
-75
634
-35
148
1.677
Additions (+/-)
10February 23, 2018
Note: Bizliner excluded

11. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
5b. ESTIMATED EMPTY LEG [EL] ACTIVITY - HOURS [BUSINESS JETS AOC ONLY]
In terms of flight hours (FH), Empty Leg activity was only 14% of AOC activity. An estimated 4K hours
were flown empty on Light Jets, 10% up YOY. ULR and HJ EL hours were up a combined 571 hours YOY.
609
Heavy jet
Super midsize jet
Ultra Long Range
Midsize jet
Super Light jet
Light Jet
14.974
Entry Level jet
Very Light jet
Total Empty Legs Europe [hours]
1.363
2.414
1.276
1.264
2.545
4.014
1.488
Empty Legs: Flight Hours Q4-2017
EMPTY LEGS / DISTRIBUTION/ TRENDS
-1,3%
10,2%
22,5%
15,3%
6,9%
1,6%
8,0%
-0,3%
8,0%
Quarterly Trend
18,1%
21,3%
21,4%
7,2%
10,4%
13,8%
12,7%
18,3%
14,0%
% of total empty legs within segment
AOC activity
100%
107.135
86,0%
14,0%
Pax occupied
Empty
BUSINESS JET HOURS Q4 / 2017
250
321
95
-33
372
9
96
-4
1.107
Additions (+/-)
11February 23, 2018
Note: Bizliner excluded
197.451
2,2%
1,6%
0,8%
Total Flight Hours Q4-2017
100%
41,2%
54,3%
"Origin = Destination Flights" [e.g Training]
AOC
Ambulance
Private
Government/Military

12. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
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6. DISTRIBUTION OF FLIGHT ACTIVITY BY SECTOR LENGTH
Stand-out gains in Large and Small Jet activity in 3H-6H sectors in Q4-17. Medium Jet activity was down 5% for these
sectors, also -12% for longer sectors. Short sectors were up 5% overall, with 1.5H-3H sectors gaining 9% YOY.
QUARTERLY TRENDS
5,8%
9,8%
2,3%
-0,2%
4,8%
max. 1.5 h
DEPARTURES / DISTRIBUTION: Q4 / 2017
1,3%
24,2%
Medium Jets 1,0% 19.125
4,7%
0,6%
25,1%
16,2%
Small Jets
3,6%
Propeller Aircraft 46.044
3,9%
Large Jets
Total Departures Europe
100%
47,4% 45.772
58.533
12,1%
58,3% 28,5%
20,8%
12,3%
63,7%
70,7%
73,2%
24,1% 8,3% 169.474
max. 1.5 h 3h to 6h more than 6h1.5h to 3h
11,0%
4,3%
10,4%
8,9%
7,0%
1.5h to 3h
12,5%
-4,8%
18,4%
11,0%
19,9%
3h to 6h
-16,9%
17,6%
6,1%
3,5%
-11,7%
more than 6h
10,1%
3,6%
0,3%
7,4%
6,2%
Total
12February 23, 2018

13. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
988
3.053
LIML,LINATE
EGLF,FARNBOROUGH
UUWW,VNUKOVO
EDDH,HAMBURG
LEPA,PALMA DE MALLORCA
LFPB,LE BOURGET
2.992
LSGG,GENEVA
1.269
EGGW,LUTON
LFMN,NICE COTE D’AZUR
LSZH,ZURICH
1.110
EGKB,BIGGIN HILL
LOWW,VIENNA SCHWECHAT
1.117
LIRA,CIAMPINO
EDDM,MUNCHEN
1.933
LTBA,ATATURK
LEMD,BARAJAS
1.306
EDDS,STUTTGART
LKPR,VACLAV HAVEL
EDDB,SCHOENEFELD
EHAM,SCHIPHOL
EGWU,NORTHOLT
EGSS,STANSTED
EBBR,BRUSSELS NATL
EDDK,KOLN BONN
1.206
LEBL,BARCELONA
ELLX,LUXEMBOURG
1.168
LEMG,MALAGA
EDDL,DUSSELDORF
1.009
1.673
3.537
4.171
EDDF,FRANKFURT MAIN
LOWS,SALZBURG - W.A. MOZART
6.501
2.828
2.590
2.262
1.871
1.010
1.798
1.765
1.448
1.405
1.397
1.123
1.345
1.276
1.080
1.012
Departures Q4-2017
7. ACTIVITY TRENDS AT BUSIEST EUROPEAN AIRPORTS (a)
Only 4 of the top 30 airports registered any decline in YOY activity in Q4-17. LFPB was the busiest, flights up 7%
YOY. 15% growth at EGLF, 17% increase at LIRA. Departures grew 20% or more at EGKB, EHAM, EBBR and LEMG.
Note:
▪ Piston Aircraft (frequently used for Training) are excluded from the analysis on this page.
19,5%
4,7%
8,1%
-7,4%
14,6%
7,4%
5,3%
1,6%
2,7%
8,3%
8,5%
0,3%
0,7%
17,0%
20,8%
-4,1%
13,8%
11,6%
-6,5%
-5,3%
20,2%
9,1%
4,4%
7,1%
17,3%
5,6%
5,0%
20,0%
1,3%
11,4%
Quarterly Trend
66,2%33,8%
13February 23, 2018
Top 30
Other European Airports

14. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
7. ACTIVITY TRENDS AT BUSIEST EUROPEAN AIRPORTS (b)
LFMN and LKPR had the largest share of flights which operated under AOC. EGLF and EGKB had strongest growth in
these missions. Private flights were up 32% at LIRA. LIRA also had most Government/Military flights in Q4-17.
14February 23, 2018
QUARTERLY TRENDS
5,3%
28,8%
14,9%
12,6%
13,3%
11,1%
14,9%
17,1%
10,5%
11,4%
22,0%
-3,8%
18,8%
8,2%
-0,5%
24,2%
16,5%
24,7%
4,1%
15,1%
-7,7%
20,0%
15,8%
-2,7%
8,3%
36,0%
13,2%
26,0%
25,0%
6,9%
AOC
DEPARTURES / DISTRIBUTION: Q4 / 2017
1,3%
-15,0%
-8,3%
1,6%
8,6%
-2,9%
2,0%
-7,7%
1,5%
5,0%
4,1%
-4,6%
0,7%
32,1%
9,4%
13,3%
9,0%
-14,4%
6,4%
-3,6%
19,6%
34,4%
-15,2%
2,1%
-6,5%
6,4%
2,8%
-10,0%
-12,7%
-8,5%
Private
14,4%
-19,5%
-19,6%
12,1%
2,6%
-17,1%
40,0%
4,8%
1,5%
-35,3%
35,0%
-1,5%
87,5%
-5,3%
-30,4%
-21,9%
16,9%
26,9%
48,0%
-14,5%
-68,0%
-21,1%
16,4%
8,5%
-12,5%
11,1%
48,0%
-35,8%
0,0%
-10,7%
Other
66,2%
Top 30
Other
33,8%
3%
34%
2%LFPB,LE BOURGET
LSGG,GENEVA
40%
LKPR,VACLAV HAVEL
62%
69%
2%
2%
51%
38%60%
38%
LEPA,PALMA DE MALLORCA
62% 36%
58%
3%
1%
EGLF,FARNBOROUGH
36%
LIML,LINATE
64%
61%
EGGW,LUTON
37%
1%33%LFMN,NICE COTE D’AZUR 66%
ELLX,LUXEMBOURG
72%
1%
1.448
LEMD,BARAJAS
36%63%
EBBR,BRUSSELS NATL
28%
7%55%
48%
67%
2%
LSZH,ZURICH
64%
2%
1%
25%
36%
EDDS,STUTTGART
UUWW,VNUKOVO
1%
2%41%58%
58%
3%60%LOWW,VIENNA SCHWECHAT
55%
64%
18%31%LIRA,CIAMPINO
38%60%
53%
73%
EGKB,BIGGIN HILL
EDDM,MUNCHEN
31%
5%
1%
42%
49%EDDB,SCHOENEFELD
5%35%60%EHAM,SCHIPHOL
7%35%EGSS,STANSTED
5%34%61%
26%73%EGWU,NORTHOLT
6%32%LTBA,ATATURK
4%34%EDDK,KOLN BONN
3%
1.276
25%
3.053
3%43%54%EDDH,HAMBURG
5%27%67%LEBL,BARCELONA
10%45%46%
LEMG,MALAGA
4%41%EDDL,DUSSELDORF
2.992
5%31%64%EDDF,FRANKFURT MAIN
3%LOWS,SALZBURG - W.A. MOZART
6.501
4.171
3.537
2.828
2.590
2.262
1.933
1.871
1.798
1.765
1.673
1.405
1.397
1.012
1.345
1.306
1.269
1.206
1.168
1.123
1.117
1.110
1.080
1.010
1.009
988
AOC
Private
Other
59
14
8
199
30
44
333
121
76
68
33
39
35
33
39
54
30
25
37
37
66
86
78
51
60
104
50
18
37
25
Ambulance
Government/Military
Origin=Destination Flights

15. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
QUARTERLY TRENDSDEPARTURES / DISTRIBUTION: Q4 / 2017
7. ACTIVITY TRENDS AT BUSIEST EUROPEAN AIRPORTS (c)
LFPB and UUWW each had more than 2,000 Large Jet departures in Q4-17, growing YOY. Medium Jet flights were up
26% from EGLF. At EGKB, Small Jet activity climbed 25% YOY, and at LEMD, +32%. Prop activity +35% at EGGW.
15February 23, 2018
6,7%
12,8%
27,8%
8,7%
-4,0%
2,4%
6,3%
6,1%
0,3%
16,3%
26,5%
12,3%
22,0%
15,6%
-12,4%
15,4%
-4,3%
13,3%
-5,7%
11,6%
-8,5%
24,2%
8,2%
24,9%
6,9%
20,1%
7,5%
-4,4%
13,0%
9,5%
Large Jets
35,5%
11,3%13,2% 37,1%
7,6%
15,2%
17,6%
EGGW,LUTON
38,9%
LFPB,LE BOURGET
14,4%
7,9%
9,5%36,4%
1.01013,8%
LSGG,GENEVA
3,3%
LSZH,ZURICH
1.345
26,8%13,4%
38,3%
16,5%
56,5%
8,5%
16,3%
33,7%17,7%40,1%
44,0%
EGKB,BIGGIN HILL
LFMN,NICE COTE D’AZUR
2.262
LIRA,CIAMPINO
24,1%
38,3%
18,2%
8,9%
41,5%
50,1%
11,2%
11,8%
36,0%
12,2%
27,1%
44,1%
1.206
0,1%
14,4%77,7%UUWW,VNUKOVO
42,5%
11,1%
26,8%
39,0%
988
1.798
14,4%
EDDL,DUSSELDORF
LIML,LINATE
6,5%
1.012
17,7%31,7%
48,6%
LOWW,VIENNA SCHWECHAT
1.765
13,8%20,0%
17,1% 10,1%31,3%EDDM,MUNCHEN
4,4%13,7%45,8%
16,5%
LEMD,BARAJAS
23,6%47,7%7,0%21,8%EDDS,STUTTGART
1.276
15,4%44,8%14,5%25,3%LKPR,VACLAV HAVEL
11,2%17,7%EDDB,SCHOENEFELD
7,5%42,4%16,6%33,5%EHAM,SCHIPHOL
12,4%
5,8%20,8%64,5%EGSS,STANSTED
8,2%
24,5%
44,4%10,5%36,9%EBBR,BRUSSELS NATL
2,4%35,1%22,9%39,6%EGWU,NORTHOLT
LOWS,SALZBURG - W.A. MOZART
68,4% 1,3%
EGLF,FARNBOROUGH
18,5%
1.123
LTBA,ATATURK
14,7%50,6%10,9%23,8%EDDK,KOLN BONN
17,4%52,0%14,2%LEPA,PALMA DE MALLORCA
21,5%53,0%9,0%EDDH,HAMBURG
9,1%
38,3%
44,8%15,5%30,6%
25,6%50,1%9,7%14,6%
1.448
ELLX,LUXEMBOURG
42,3%19,6%25,8%LEMG,MALAGA
58,9%12,3%15,0%
9,4%41,0%16,7%32,8%EDDF,FRANKFURT MAIN
LEBL,BARCELONA
10,1%9,3%
6.501
4.171
3.537
3.053
2.992
2.828
2.590
1.933
1.871
1.673
1.405
1.397
1.306
1.269
1.168
1.117
1.110
1.080
1.009
56,1%
Large Jets
Medium Jets
Small Jets
Propeller Aircraft
-22,2%
8,2%
15,0%
34,3%
-8,5%
-1,2%
27,6%
10,3%
1,0%
6,5%
1,9%
25,5%
-9,5%
-14,2%
13,8%
29,5%
-10,5%
31,2%
8,5%
19,3%
-2,5%
-10,5%
13,4%
34,7%
12,4%
-9,5%
17,2%
-23,9%
-8,6%
17,6%
Medium Jets
7,1%
14,3%
27,7%
2,8%
16,6%
7,8%
5,7%
14,0%
1,5%
7,8%
10,1%
-1,9%
-2,1%
24,0%
25,1%
-2,9%
-6,6%
32,8%
10,5%
-10,3%
12,4%
1,1%
5,5%
5,4%
-20,7%
-9,8%
17,0%
8,0%
29,7%
0,7%
Small Jets
-0,5%
9,6%
0,4%
-1,2%
34,9%
7,8%
21,7%
9,7%
0,0%
14,3%
0,0%
13,0%
-6,2%
6,0%
-14,8%
-10,8%
-2,8%
18,0%
-7,1%
15,6%
-39,2%
87,0%
0,5%
5,7%
36,5%
4,2%
-1,0%
-3,8%
14,9%
44,0%
Propeller Aircraft
33,8% 66,2%
Top 30
Other

16. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
8. ACTIVITY BY DOMESTIC/INTERNATIONAL AND ARRIVALS/DEPARTURES
Business aviation flights within Europe were up by 6.2% in Q4, and connected 45,092 unique airport pairs. There were
12,274 flights to non-European locations, up 6.1% YOY. Arrivals into Europe, connecting 4,656 pairs, were up 10.5%.
Intl. Flights [Departures]**
11.185
157.200
11.564
Europe Domestic [Departures]* Intl. Flights [Arrivals]***
146.805 148.009
12.274 9.124 9.731 10.754
+0,8%
+6,2%
+3,4% +6,1% +6,7% +10,5%
Q4-2017
Q4-2015
Q4-2016
Note:
*) e.g. Geneva --> Paris Le Bourget
**) e.g. London Luton --> New York Teterboro
***) e.g. Singapore Seletar --> Brussels
16February 23, 2018
0
30.000
10.000
20.000
40.000
50.000
Intl. Flights [Departures]**
4.511
# of unique airport pairs served
Europe domestic*
4.656
Intl. Flights [Arrivals]***
45.092
BizAv Airport pairs served Q4-2017

17. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
9. TRENDS ON TOP EUROPEAN AIRPORT PAIRS [EUROPEAN DOMESTIC FLIGHTS ONLY]
There were over 900 flights between LSGG and LFPB in Q4-17, modestly increasing YOY. Some decline on EGGW-LFPB,
but strong growth on LFPB-LFMN, and >40% growth on LFMN-UUWW. LSGG-EGLF was also well up, 35% more flights YOY.
17February 23, 2018
482
466
220
211
209
208
206
203
199
194
183
181
171
171
162
155
153
153
151
150
149
147
145
143
142
140
139
137
133
132
132
131
130
129
127
124
124
123
120
116
116
114
112
111
111
109
109
108
108
108
LSGG-LFPB
ESNU-ESPA
ULLI-EETN
LFPB-EGGW
LTAC-LTBA
LFPB-EGLF
EGLF-LFPB
LIML-LSGG
LFMN-UUWW
ENTC-ENAT
LSGG-LFMN
LFPB-LSGG
EGGW-LFPB
LFMN-LFPB
ENEV-ENTC
ESPA-ESUP
LFPB-LFMN
ESUP-ESPA
LIML-LIRA
LFPB-EGKB
LIRA-LIML
UUWW-EGGW
UUWW-LFMN
LFMN-LSGG
LFMN-EGGW
EGGD-EGNL
LTBA-LTAC
LTFJ-LTAC
LSGG-EGLF
EGNL-EGGD
LTAC-LTFJ
LSGG-EGGW
LCRA-LCRA
LEBL-LEMD
EGGW-LFMN
EGGW-LSGG
LEMD-LEBL
LFPB-LSZH
ESPA-ESNU
EGLF-LSGG
EETN-ULLI
LIML-LFPB
LFPB-LFBD
EGLF-EGNL
LFPB-LIML
LSZH-LFPB
LSGG-LIML
EGNL-EGLF
EGLF-LFMN
LFMN-EGLF
DEPARTURES / AIRPORT PAIR: Q4-2017
Top 50 5,2% 94,8%
Other airport pairs
-3,1%
14,7%
40,5%
4,5%
24,1%
396,0%
46,1%
31,0%
16,1%
-11,7%
17,1%
18,0%
12,1%
2,8%
7,6%
9,0%
25,7%
0,0%
2,5%
24,4%
42,9%
10,7%
2,7%
34,8%
-9,6%
13,7%
25,6%
14,2%
28,8%
408,0%
8,4%
-2,8%
31,1%
35,6%
-0,7%
-4,1%
9,3%
-7,5%
-6,1%
2,9%
20,8%
13,3%
18,9%
35,0%
-7,6%
3,0%
0,9%
8,8%
3,4%
28,2%
Quarterly trend
Note: Excluding “Origin=Destination” Flights

18. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
9. TRENDS ON TOP EUROPEAN AIRPORT PAIRS [EUROPEAN DOMESTIC FLIGHTS ONLY]
In terms of flight hours, the busiest European pair was LFMN-UUWW, with 650 hours operated, up 40.
Flight activity from UUWW to LFPB and LCLK was up by >20% YOY. EGGW-UUWW FH were down by 22%.
18February 23, 2018
650
601
461
413
379
330
321
314
287
272
261
257
255
254
249
246
244
234
223
210
205
200
196
195
187
184
178
176
174
168
166
165
164
160
157
157
157
156
154
153
146
142
142
137
132
131
131
126
125
125
LFMN-UUWW
UUWW-EGGW
LFMN-EGLF
LSGG-LFPB
LFPB-LSGG
UUWW-LSGG
LCLK-UUWW
UUWW-LCLK
LSGG-UUWW
LFMN-LFPB
EGGW-UUWW
UUWW-EGLF
EGLF-UUWW
UUWW-LSZH
LFPB-EGLF
LFPB-LFMN
UUWW-LFPB
LFMN-EGGW
UUWW-EDDM
LFPB-UUWW
EGGW-LFMN
LIML-LFPB
EGGW-LFPB
LSGG-EGGW
LFPB-LIML
LSZH-EGGW
LIRA-LIML
UUWW-LIME
UUWW-EDDK
LSGG-EGLF
EGGW-LSGG
LFPB-EGGW
LSZH-UUWW
EGNL-EGGD
ESCF-ESCF
LIME-UUWW
EGGD-EGNL
UUWW-LFMN
EDDM-UUWW
UUWW-LOWW
LIML-LIRA
EGLF-LFPB
LCRA-EGVN
EKYT-EKYT
LOWW-UUWW
EGLF-LSGG
EDMO-EDDW
LIML-UUWW
LSGG-LFMN
EDDK-UUWW
FLIGHT HOURS / AIRPORT PAIR: Q4-2017
5,1% 94,9%
Top 50
Other CityPairs [Europe domestic]
-1,2%
49,6%
-11,5%
5,4%
33,5%
39,5%
27,8%
20,8%
1,1%
3,4%
20,7%
-21,6%
5,6%
3,0%
4,6%
32,3%
-2,8%
49,7%
-4,4%
-21,4%
-7,9%
12,3%
14,7%
32,6%
19,1%
7,3%
0,8%
30,0%
32,8%
-12,0%
39,3%
-0,8%
-10,2%
-16,5%
-9,1%
255,7%
-17,4%
45,6%
9,8%
11,4%
4,5%
-24,6%
27,5%
1,6%
11.675,7%
-6,1%
2,7%
6,9%
-6,3%
-8,6%
Quarterly trend
Europe domestic only
Note: Excluding “Origin=Destination” Flights

19. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
10. TRENDS IN UTILISATION PER AIRCRAFT UNIT/TYPE [EUROPEAN DOMESTIC FLIGHTS ONLY]
6,393 individual tails were active in Europe in Q4 2017, with an average of 32H flown per aircraft, SLJ segment showing
the highest utilisation at 83 hours. 1,092 Jets were active in Q4, a net increase of 78 aircraft in this fleet.
49,3
Bizliner
Super Light jet
Ultra Long Range
Light Jet
Midsize jet
Heavy jet
Entry Level jet
Super midsize jet
Very Light jet
Turboprop
Piston
Total Average
22,3
16,3
28,8
38,6
53,2
82,6
43,1
49,1
33,3
12,0
32,4
Avg. FH / Aircraft Unit [per Qtr.]
HRS. PER AIRCRAFT / ACTIVE AIRCRAFT / TRENDS
9,0%
5,9%
11,0%
-6,7%
-1,3%
5,2%
8,8%
4,2%
-4,0%
2,2%
1,3%
4,3%
Quarterly Trend [Aircraft Activity]
404
358
249
239
686
157
217
562
1.311
1.118
6.393
1.092
Active Aircraft Q4-2017
44
78
6
25
-13
6
28
-4
27
63
-41
219
Quarterly Trend [Growth, in Aircraft units ]
19February 23, 2018
Europe domestic only

20. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
11. TRENDS IN AIRCRAFT ACTIVITY BY REGISTER [EUROPEAN DOMESTIC FLIGHTS ONLY]
D-registered aircraft were busiest in Q4-17, with 36.7K FH, 18% of European activity, FH up 11% YOY. 18 additional units
were active on the D-register, in contrast to decline in active CS, F, N and M registered aircraft this Quarter.
9H-[Malta]
N-[United States of America]
D-[Germany]
CS-[Portugal]
M- [Isle of Man]
G-[United Kingdom]
2.761
F-[France]
OE-[Austria]
HB-[Switzerland]
OK-[Czech Republic]
TC-[Turkey]
SP-[Poland]
LX-[Luxembourg]
SE-[Sweden]
I-[Italy]
LN-[Norway]
OY-[Denmark]
YU-[Serbia]
3.448
5.631
EC-[Spain]
OO-[Belgium]
5.005
12.495
36.734
12.593
14.716
12.180
3.976
8.558
11.792
2.971
3.603
7.345
6.056
5.207
4.021
3.847
3.103
Flight Hours Q4-2017
FLIGHTHOURS PER AIRCRAFT REGISTER / ACTIVE AIRCRAFT / TRENDS
22,2%
-6,6%
10,7%
10,5%
8,1%
5,5%
-9,4%
21,9%
9,9%
2,0%
-0,4%
7,2%
8,9%
7,3%
13,3%
-1,0%
-6,4%
23,1%
-9,3%
-1,1%
Quarterly Trend [Aircraft Activity]
753
118
315
342
223
302
151
194
100
107
75
72
136
38
22
103
70
69
74
1.180
Active Aircraft Q4-2017
18
-5
4
-28
-2
11
-10
1
1
-5
-5
-7
1
-4
-17
-2
6
2
-52
-75
Quarterly Trend [Growth, in Aircraft units ]
7,1%
6,1%
17,7%
5,7%
6,0%
1,9%
5,9%
4,1%
3,5%
2,9%
2,7%
2,5%
1,9%
2,4%
1,9%
1,7%
1,7%
1,5%
1,4%
1,3%
% of total Europe
78,7% 21,3%
Top 20 Other
20February 23, 2018
Europe domestic only

21. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
February 23, 2018 Page: 21
16.955
6 to 20
more than 20
44.005
36.193
1 aircraft only
2 to 5
Total
103.848
201.000
Flight hours Q4-2017
OPERATOR SIZE / TRENDS / ACTIVE AIRCRAFT
-12,5%
7,9%
25,2%
3,5%
16,6%
Quarterly Trend [Aircraft Activity]
520
762
306
4.432
6.020
Active Aircraft [in Operator category]: Q4-2017
12. AIRCRAFT ACTIVITY BY OPERATOR FLEET SIZE [EUROPEAN DOMESTIC FLIGHTS ONLY]
9% of active aircraft in Q4-17 belonged to fleets of more than 20 tails, 13% to fleets of more than 6. The remaining
78% of aircraft were in smaller fleets, mostly 1-tail. The 1-tail fleet operated 52% of activity, FH up 3.5% YOY.
51,7%
18,0%
100,0%
8,4%
21,9%
% of total Europe
69,6
57,7
55,4
33,4
23,4
Flight Hours / Aircraft Unit: Q4-2017
Europe domestic only
Note: Bizliner and flights operated by Government / Military are excluded

22. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
February 23, 2018 Page: 22
13. OPERATIONAL COSTS: HANDLING; FUEL; PAX TAX [EUROPEAN DOMESTIC FLIGHTS ONLY]
SLJ activity was 9.7% of total Q4 FH, 79% of this was Excel/XLS operated, and 80% of this was AOC. Excel activity
generated an estimated €20M in operating costs, mainly Handling and Fuel. Estimated Charter revenues were €41M.
Europe domestic only
Other
Airfield Costs
Fuel Cost
€ 5.772.439
Total
Operational
Cost: Q4-17
Handling Costs
at Airports
Airfield
Passenger
Fees
Passenger
Taxes
€ 5.654.981
€ 20.000.469 € 6.697.509
€ 1.250.561
€ 624.979
€Q4 -2017: MARKET VALUATION IN TERMS OF DIRECT OPERATIONAL COSTS
0
20
40
60
80
100
28,9%33,5%
100,0%
% of total
28,3%
6,3% 3,1%
Passengers
[Private+Charter]
€ 41.641.828
38.936
Charter Revenue
[quoted]
Fuel burn [in tons]
7.149
OTHER KPIs
Total Operational
Cost: Q4-17
[Citation Excel/XLS
100%
80,0%
€ 20.000.469
20,0%
AOC
Private
€
100%
Total European
domestic
flights Q4-2017
90,3%
157.200
9,7%
Super Light Jet
Other
20,7%
100%
Total SLJ
15.212
79,3%
Citation XLS
Other SLJs
FOCUS: CITATION XLS
Note: Operational costs do not include crew, personnel or aircraft maintenance

23. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
February 23, 2018 Page: 23
15. BUSINESS AVIATION VS AIRLINE OPERATION
The 45,092 unique airport pairs connected by business aviation within Europe in Q4 compares to 8,387 pairs linked by
scheduled airlines. Flights to non-European destinations had a 7.9% overlap with pairs served by scheduled airlines..
0
20.000
10.000
30.000
40.000
50.000
1.332
# of unique airport pairs served [Q4-2017]
Europe domestic* Intl. Flights [Departures]** Intl. Flights [Arrivals]***
4.511
45.092
8.387
4.656
1.408
BizAv-Airport Pairs served: Q4-2017
Airline- Airport Pairs served : Q4-2017
Note:
*) e.g. Geneva --> Paris Le Bourget
**) e.g. London Luton --> New York Teterboro
***) e.g. Singapore Seletar --> Brussels
Airline [e.g. KLM, British Airways, Air France, EasyJet, Lufthansa,…]
0
40.000
20.000
10.000
30.000
50.000
Europe domestic*
# of unique airport pairs served[Q4-2017]
Intl. Flights [Departures]** Intl. Flights [Arrivals]***
40.820
4.154 4.306
Airport Pairs [served by BizAv only]
0
5
10
7,5%
Overlap factor
9,5%
7,9%
Overlap Factor [BizAv vs Airline Ops.]

24. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
February 23, 2018 Page: 24
14. TOTAL REVENUES GENERATED [EUROPEAN DOMESTIC FLIGHTS ONLY]
In Q4 2017 business aviation flight activity in Europe generated estimated revenues of €620M. Just
over 500K passengers were transported, and total activity uplifted an estimated 99K USG of Jet A1 fuel.
Europe domestic only
€ Q4 -2017: MARKET VALUE IN TERMS OF ESTIMATED REVENUE, PASSENGERS, FUEL BURN
Fuel burn [in tons]Passenger transported
501.240
Estimated revenues
€ 620.123.000
99.127
€
Note: methodology for estimated Charter Revenue is to isolate a) AOC –Charter hours b) Occupied only c) Domestic Europe

25. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
DEFINITIONS (1) – ACTIVITY COVERAGE
▪ This report covers business aviation activity, corresponding to all non-scheduled flights operated under Instrument Flight Rules (IFR) which correspond
to fixed-wing single- and multi-engine business aviation aircraft categories.
▪ Broadly these categories are defined as: Heavy Jets, Medium Jets, Light Jets, Props. These categories are also broken down into the following segments:
Ultra-Long range jets, Heavy jets, Super midsize jets, Midsize jets, Superlight jets, Light jets, Entry level jets, Very light jets.
▪ Specific types of Airliner (Bizliner), Turboprop and Piston aircraft have also been included in the Report.
▪ The geographical coverage of this report corresponds to all such business aviation flights connecting to and from 46 countries in the European area
(reference map page 4). This includes both flights within this area, and between this area and the rest of the world.
▪ The principal measurement of activity is ´flight departures´ from the defined geographic area, broken down into flights to destinations within the area
(´domestic´) and flights to destinations in the rest of the world (´ROW´). Also arrivals into the European area from the rest of the world are featured.
Overflights are excluded.
▪ Aircraft activity data is sourced from EUROCONTROL, Civil Aviation Authorities, National Business Aviation Associations. Aircraft performance data is
sourced from Original Equipment Manufacturers.
▪ The report covers all types of Private (owner) and Commercial (AOC) flights, and also “Other” flights, including Air Ambulance/Medical, Government &
Military, and “Origin=Destination Flights”, mainly Training, but also including Maintenance, Check and Demonstration flights.
▪ Airport handling fees, Airfield fees, Fuel costs, Passenger Taxes and Charter Fees are sourced from Stratajet.
▪ Aircraft Charter Price trends and Passenger loads are sourced from PrivateFly. Empty Legs are estimated by WINGX, based on flight pattern analysis,
sector length, mission and aircraft type.
▪ All data analysis is carried out by WINGX through our proprietary activity tracking and data processing methodology.
25February 23, 2018

26. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
DEFINITIONS (2) - AIRCRAFT TYPE COVERAGE
146 different aircraft types (EG Gulfstream 650 is one type; see over for detail) are covered in this report,
including 20 types of Light Jet, 14 types of Heavy Jet. This fleet generated 169,474 departures in Q4 2017. References pages 3, 8.
26February 23, 2018
18
6
14
13
6
4
20
3
4
36
22
Heavy jet
Bizliner
Super midsize jet
Ultra Long Range
Midsize jet
Super Light jet
Light Jet
Entry Level jet
Very Light jet
Turboprop
Piston
Total 146
Covered Aircraft Types
23.415
169.474
10.209
15.652
6.705
8.916
15.542
27.404
5.876
9.711
39.265
6.779
Departures Q4-2017

27. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
DEFINITIONS (3) - AIRCRAFT TYPE COVERAGE
27February 23, 2018
Note: Aircraft set specified by EBAA as of September 2015, also added C55B, E35L, E550. E45X,C68A,FA8X,C25M as they became available.

28. © European Organisation for the Safety of Air Navigation (EUROCONTROL) 2018
© 2018 by WINGX Advance / Actionable Market Intelligence for Business Aviation –exclusive edition for EBAA
In collaboration with WINGX Advance, this report is provided solely to EBAA Members for information
purposes only and no representation,
warranties or other assurances, express or implied, are given as to the quality, accuracy, or
completeness of the information contained in, or provided in connection with the report.
Recipients of this report must determine for themselves whether any matters referred to are suitable
for their purposes.
Neither EBAA nor any of their affiliates, agents, partners, representatives, consultants or any other
company, firm or organisation involved in producing this report, nor any of their successors or assign
or any employees, officer or director of any of them shall have any liability with respect to the use or
reliance on the report by any person, irrespective of any negligence, omission or default, on the part of
the foregoing persons.
Any reproduction or publication of this report, in whole or in part, is strictly forbidden without the
written consent of the EBAA
28February 23, 2018